In Colorado, kindergarten through 12th-grade schools collected more than $628 million in federal dollars for fiscal 2012-13, according to the legislature’s Joint Budget Committee staff.

The committee staff estimates that sequestration could chop more than $34 million out of that figure.

Much of the money for education in Colorado comes from local school-district property taxes and statewide taxes that go back to school districts through allocations made by the legislature. Federal education money that comes to Colorado goes to the state Department of Education, which distributes it, based on various formulas, to the school districts for use in a variety of programs.

Some of the biggest impacts of the cuts would be felt in special education, career and technical programs and programs for adults who didn’t complete high school.

The state received money for the current 2012-13 school year by October, so the effects of the cuts wouldn’t be felt until the 2013-14 school year, CDE officials said.

The University of Colorado Boulder expects to see a reduction in research funding by at least $26 million next year. The university’s researchers received more than $309 million dollars in federal grants in 2012. In the university’s sequestration impact summary, CU anticipates it would be forced to consider layoffs but is unsure of how many jobs would be lost.

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